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{
    "id": 994376,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/994376/?format=api",
    "text_counter": 12,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "following the enactment of the Tax Laws (Amendment) Act, 2020. The Leader of the Majority Party for instance cites the reduction of the Corporate Tax as well as the Pay as You Earn (PAYE) from 30 per cent to 20 per cent and 25 per cent respectively which were contained in Tax Laws (Amendment) Act, 2020 and which the newly published Income Tax Bill, 2020 seems to inadvertently be reversing. Hon. Members, Standing Order No. 140 (1) provides as follows: “Either before the commencement of business on the Order Paper of the day for any stage of a Bill being read, the Member in charge of a Bill may, without notice claim to withdraw a Bill. (2) If the Speaker is of the opinion that the claim is not an abuse of the proceedings of the House, the Speaker shall direct that the Bill shall be withdrawn”. In this regard, the Income Tax Bill (National Assembly Bill No. 12 of 2020) hereby stands withdrawn. The Leader of the Majority Party indicates that he wishes to reintroduce the Bill within the Session after addressing the issues he has cited, a request that I have acceded to. Noting that there are further amendments proposed to be made to the Income Tax Act in the Finance Bill 2020, which is scheduled to be passed by the end of this month, it would only be prudent to undertake the republication of the Income Tax Bill 2020 after the enactment of the Finance Bill 2020. The House is thus accordingly advised."
}